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20121027
20121104
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's not worried that the hurricane will affect the election next tuesday. former president bill clinton was in orlando, florida to rally support. clinton said obama is the best choice for president. romney cancelled vents in on monday. he issued a statement calling on people to come together across the country and focus on giving support to those who need it. the two states are not in sandy's path but observers say romney did not want to appear to be koe kusing on the campaign in the midst of a potential national disaster. >>> u.n. and arab league envoy says the truce he brokered in syria for a holiday period has collapsed. syria's government and opposition forces agreed to stop all attacks which started last friday. the fighting has continued leaving many people dead. the he said he's deeply disappointed but will not be deterred. >> it will not discourage us. the people of syria deserve our support and our interest. >> russian forn says he supports a plan to send inspectors back to syria. they're considering expanding the team of observers. the previous team left in august after a ceas
of the clinton administration with, you know, a couple of bills, one that removed thehe separation b commercial and investment banks. >> glass-steagall act? >> glass-steagall. >> it took down the wall between those two? >> the last part of it. and then the second part by passing a bill that made it, essentially made derivatives out of bounds for regulation. so saying that it's the toughest is literally true. the problem is it hasn't been tough enough in where it most matters. and again, you don't really have to take my word for it. you just look what the market has done. based on the presumption of bailout, the banks get higher ratings from the credit rating agencies which means they can borrow money for less, because their debt is viewed by the credit rating agencies as being less risky. and they get these higher ratings on explicit presumption that the government will bail them out and make good on their debt. so it didn't deliver the goods where it matters the most. again, not saying that it doesn't have some good positive things for our system and for people. but it didn't deliver the most
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